How to buy 88 Energy shares | A$0.007

88 Energy Limited is an oil & gas e&p business based in Australia. 88 Energy shares (88E) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.007 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $62.5 million.

How to buy shares in 88 Energy

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for 88 Energy. Find the share by name or ticker symbol: 88E. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until 88 Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.007, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of 88 Energy. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

88 Energy share price

Use our graph to track the performance of 88E stocks over time.

88 Energy shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.007
52-week range	AUDA$0.004 - AUDA$0.026
50-day moving average	AUDA$0.0058
200-day moving average	AUDA$0.0073
Target price	AUDA$0.03
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.004

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy 88 Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of 88 Energy Limited by TradingView

88 Energy price performance over time

Historical closes compared with the close of A$0.007 on 2020-09-29

1 week (2020-09-23)	0%
1 month (2020-08-28)	27.27%
3 months (2020-06-30)	40.00%
6 months (2020-03-30)	-61.11%

1 year (2019-09-30)	-41.67%
2 years (2018-09-28)	-66.51%
3 years (2017-09-29)	-64.82%
5 years (2015-09-30)	-45.74%

Is 88 Energy under- or over-valued?

Valuing 88 Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of 88 Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

88 Energy's EBITDA

88 Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $21.1 million.

The EBITDA is a measure of a 88 Energy's overall financial performance and is widely used to measure a its profitability.

88 Energy financials

Operating margin TTM	426.08%
Gross profit TTM	$0
Return on assets TTM	-5.28%
Return on equity TTM	-16.3%
Profit margin	0%
Book value	0.009
Market capitalisation	$62.5 million

TTM: trailing 12 months

88 Energy share dividends

We're not expecting 88 Energy to pay a dividend over the next 12 months.

Have 88 Energy's shares ever split?

88 Energy's shares were split on 18 February 2010.

88 Energy share price volatility

Over the last 12 months, 88 Energy's shares have ranged in value from as little as $0.004 up to $0.026. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while 88 Energy's is -0.891. This would suggest that 88 Energy's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, 88 Energy has bucked the trend.

88 Energy overview

88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 64% working interest in the Icewine project, which covers an area of approximately 486,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, it holds rights to 36% working interest in Western Blocks project, which covers an area of approximately 22,711 acres located in Alaska. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of 88 Energy is owned by insiders or institutions?

  Currently 1.654% of 88 Energy shares are held by insiders and 0.049% by institutions.

• When does the fiscal year end for 88 Energy?

  88 Energy's fiscal year ends in December.

• Where is 88 Energy based?

  88 Energy's address is: 5 Ord Street, West Perth, WA, Australia, 6005

• What is 88 Energy's ISIN number?

  88 Energy's international securities identification number is: AU00000088E2